PPRuNe Forums - View Single Post - Ba Pension Trustees & A Missing Ballot.
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Old 27th February 2007 | 12:33
  #28 (permalink)  
52049er
 
Joined: May 1999
Posts: 203
Likes: 0
From: Overseas
I cant believe this argument is still about.


We take more of the pension pot. No we dont. We take out exactly the same percentage as we (+ the company on our behalf) pay in.
We have just got a massive pensionable payrise. No we havn't. We have just got a 10 year increase to our working lives - double what non flying staff have got.


If you are angry, be angry with your union. Go and ask them why the smallest union, with the smallest financial clout, in the company made ALL the running in the pension debate. WE were the ones who paid for independant auditors to find out exactly how much the company actually could afford. WE were the ones who told the city why the company were being untruthful and pressured them into concessions. What the h**l were YOUR lot doing for the last year?
My contributions are higher. My salary is the same. My retirement age has gone up 10 years. My pension is less. Ah yes, lucky old me.


Given all that, why are flight crew generally happy? Because old NAPS was only 70% funded so we know we wouldn't have got that pension anyway. Because we actually asked experts what the best BA could afford would be, rather than spending our time playing whose got the biggest *****, sorry membership, and have accepted a less than perfect, but reasonable offer. Now we are just going to get on with making the best of it.


Sorry if you feel left out. Still, an ATPL is only £90 000 away.....
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